All Quiet on the Westbound Front
While the role of the United States as the largest crude oil consumer should not be understated, a change…
Asphalt Weekly Monitor
- East Coast retail and wholesale paving prices increased in most areas this week.
- Midwest wholesale asphalt prices continue going higher.
- Some…
Bunkerworld: Slow Steaming Most Effective Exploitation of Tanker Fleet
“Slow steaming is ‘here to stay’ and tanker operators who embrace it will have a ‘competitive advantage’, according to…
Tradewinds: Bunker Sales Decline
“Singapore’s bunker industry saw sales decline by over 10% last month from the record high seen in January…. Its…
Lloyd’s List: Medium Range Tankers Reap Rewards as US Gasoil Exports Rise
“US Exports of gasoil to Europe, the Caribbean and Latin America have risen 38% in a year after US…
Bunkerworld: Tanker Firms Margin Squeezed by Rising Bunker Prices
“The spike in bunker prices has ‘drastically’ eroded the already slim profits experienced by tanker owners and operators, according…
Petroleum Economist: Oil-Indexed LNG Coming Under Pressure in Asia
“Big Asian LNG customers are investigating alternative formulas to existing oil-linked contracts. But a switch to LNG prices based…
Bunker Mentality
As tanker spot-chartering rates have experienced a mild recovery in recent months, equity analysts and industry pundits alike have…
Bloomberg: Shell Says Japan Nuclear Accident to Support Long-Term Global Gas Demand
“Royal Dutch Shell Plc (RDSA), Europe’s largest oil company, said Japan’s nuclear accident will support world natural gas demand…
